America is hurling all of its effort into
preparing for a September “apocalypse,” as economic forecasts are becoming more
and more intimidating, RT columnist Robert Bridge wrote.
According to Gallup's recently
released US Economic Confidence Index rating, confidence in the US economy
among Americans dropped to its lowest level in July. Nothing
to be surprised about, considering that each and every economy analyst
deems it duty to share predictions on the country's
nearest future in a campfire scary story manner.
It does seem like professional
economists are competing in a think-of-the-most-dreadful-metaphor contest
when describing what awaits global economy.
The founder of Trends Research, who
predicted the "panic of 2008," believes that soon we will
witness the crash of a global stock market and predicts "the economic
earthquake [that] will send reverberations around the world".
"There's going to be panic
on the streets from Wall Street to Shanghai, to the UK
down to Brazil." Celente told King World News. "You're going
to see one market after another begin to collapse."
Analyst Larry Edelson took the fear
to the next level as he even predicted the exact day the catastrophe
begins, or, as he called it, a "rollercoaster ride
through hell."
"On October 7, 2015, the first
economic super cycle since 1929 will trigger a global financial crisis
of epic proportions." He said.
"It will bring Europe, Japan and the
United States to their knees, sending nearly one billion human beings
on a roller-coaster ride through hell for the next five years. A ride like no generation has ever
seen."
Most of the experts agree that all
the optimistic data like record earnings on Wall Street and a surging
dollar is just disguising fundamental cracks, and the collapse of historic
proportions will happen within few months, starting in the US.
No wonder such forecasts, and there are
dozens, from professional economists leave US and the world dizzy and
shivering in fear and helplessness, just what one would probably feel if
the actual apocalypse was coming.
"There's enough going on in
September to have me incredibly curious and concerned about what's
going to happen." Canadian entrepreneur and editor of The Dollar
Vigilante Jeff Berwick said in an interview with Gordon T. Long.
Even if the concerns prove groundless, all
that prepping and stockpiling won't hurt for at this point the US economy
can use all the help it can get, Bridge wrote.
© SPUTNIK/ VLADIMIR ASTAPKOVICH
© FLICKR/ SERGIO RUSSO
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